News Article

Imagination Technologies Commits To The UK As It Looks To Accelerate Growth In New Areas Of Technological Innovation


Imagination Technologies Group Limited, a UK-headquartered, leading supplier of semiconductor intellectual property (IP), has today committed to increasing its investment in the UK as it seeks continued growth in the USA, Europe and Asia. Ron Black, is to step down as CEO of the company and from the Board with immediate effect to be replaced by Ray Bingham, currently Executive Chairman and a Partner at Canyon Bridge.

Imagination, which is owned by Canyon Bridge Capital Partners LLC, an international private equity firm, is seeking further growth, almost three years after it was taken private by Canyon Bridge. Since privatization, the company has seen a successful transformation, with significant new product launches and customer wins.
At a time when the global economy is under significant stress, Imagination is well positioned to benefit from trends towards continued automation, connectivity, and widespread implementation of AI technologies. The company's ray tracing technology is part of arguably the most exciting development in 3D graphics of the last 20 years and Imagination has been at the forefront of development in this area.

Ray Bingham, Executive Chairman, Imagination Technologies, and founding partner, Canyon Bridge Capital Partners Inc. said:
“Since acquiring Imagination Technologies in 2017, we've made great progress in transforming the company and we remain fully committed to the UK and to supporting our customers around the world. Our strategy will benefit the company's headquarters and global business development and our priority remains our customers and staff.

“We are having a very successful year with multiple licensees of our performance-leading A-Series GPU, continued growth in the mobile and automotive GPU markets, and strategic partnerships around our ray tracing technology. We look forward to continuing that momentum as we introduce
category leading new products, and expand the business on all fronts to position it for continued growth across a number of key markets around the world.
“We thank Ron for his service and wish him all the best for the future. I would also like to thank our customers and staff for their continued support.

Bat-like Sensor Could Help Social Distancing As Lockdown Lifts
Park Systems Announces NanoScientific Symposium
Inception Semiconductor Single Wafer Processing Tool
GLOBALFOUNDRIES 12LP+ FinFET Solution Ready For Production
Picosun’s Medical ALD Solutions
OLED Rising Market Marks New Era In Lighting And Screen Technology
Imec Overcomes Fundamental Operation Challenge For Voltage Controlled RAM
SPTS Technologies Honored With Queen’s Award For Enterprise In Innovation 2020
SUSS MicroTec And Micro Resist Technology Partner In Advancing Nanoimprint Lithography
Ereztech Expands US Footprint, Opens R&D Lab
ACM Research Launches 18-Chamber Single-Wafer Cleaning Tool
The ASM 306 S Helium And Hydrogen Sniffer Leak Detector For Easy And Accurate Full-time Sniffing Operations
Oxford Instruments’ Plasma Technology And NanoScience Businesses Collaborate With The Consortium
Picosun Group’s Strong Growth Continues In 2020
GLOBALFOUNDRIES To Acquire Land In NY For Advanced Manufacturing Facility
130 Years Of Pfeiffer Vacuum
Picosun And A*STAR’s IME To Create Novel, High Performance Memories
Dow Launches Fast Curing Silicone Adhesive
Full Range Of Dry Roots Process Pumps For Harsh Duty Applications (XN Series)
Pfeiffer Vacuum Introduces Next Generation Gas Analyzers
Park Systems Announces The Opening Of A New Subsidiary In The UK
Imec Demonstrates Si FinFET CMOS Devices With Integrated Tungsten Buried Power Rails
Xperi And Tower Announce New License
Onto Innovation Announces Three New Metrology Systems

Search the news archive

To close this popup you can press escape or click the close icon.
Register - Step 1

You may choose to subscribe to the Silicon Semiconductor Magazine, the Silicon Semiconductor Newsletter, or both. You may also request additional information if required, before submitting your application.

Please subscribe me to:


You chose the industry type of "Other"

Please enter the industry that you work in:
Please enter the industry that you work in: